The Sony Ericsson Xperia PLAY, exclusively for Verizon Wireless, is now available for $99.99 with a new two-year agreement. The new discounted pricing is available now in stores and online, in time for back to school purchases. Here is more info:

Powered by Android 2.3, Gingerbread, the Sony Ericsson Xperia PLAY comes pre-loaded with seven game titles including, Madden NFL 11 (EA Sports), Bruce Lee Dragon Warrior (Digital Legends), Asphalt 6: Adrenaline (Gameloft), The Sims 3 (EA), Star Battalion (Gameloft), Crash Bandicoot (Sony Playstation) and Tetris. Customers will have more than 100 games optimized for Xperia PLAY available for download via V CAST Apps and Android Market by the end of the year. Gaming has never been like this on a phone with the slide out game pad revealing a directional keypad, dual analog touch joystick, two shoulder buttons and the four iconic PlayStation symbol keys: circle, X, square and triangle.